720-724-8187 rogelio@vidabroker.com
The Better Offer

    I have a property listing that I just took to market and had it under contract within four days. It’s interesting to see what and how buyer agents submit their offers. Below is a little bit of the good and bad from the offers on this particular listing.
I placed instructions In the MLS system about giving at least two days response time to offers and requiring a contingency that the seller must find a replacement property.

  • Offer One: It came in the first day for $5k less than asking. The lender letter shows the buyer qualification is maxed at the offer price. There is no copy of the earnest money, has a next day response deadline and provides no contingency. I tell the agent about requirements and he just tells me to counter with those items.
  • Offer Two: Follows all instructions to the “T”, provides a lender and buyer letter, copy of earnest money and has the lender call me. However, it’s almost $20k less than the asking price.
  • Offer Three: Full price offer but asks for $3k seller concessions, does mention some flexibility but it is not built into the  contract.
  • Offer Four: Full price offer, no seller concessions, no property replacement contingency in place. A nice buyer letter did accompany the offer.

All offers had FHA financing. Once Offer Four came in, I talked with the agent about re-submitting the offer to accommodate the seller needs and it was a done deal. With a well priced home, these are the typical offers. The bottom line is that we (meaning me) can be a bit more tolerant and flexible with the quality of the offer when it’s at full price. Less than asking price offers should at least be well written and easy to show the seller so we do not have to go back and forth.
As always, I can assist you with your real estate needs. Just email at rogelio@vidabroker.com or call/text 720-253-8513.

Share Post:
Follow by Email
Facebook
fb-share-icon
Twitter
Follow Me
LinkedIn
Share
YOUTUBE

As we settle into spring 2025, Denver’s real estate market is revealing some critical shifts. Whether you’re buying your first home or preparing to sell a property you’ve outgrown, understanding the market’s current temperature—especially through the lens of months-of-supply—can help you move with clarity and confidence.

📊 What Is Months-of-Supply?

Months-of-supply tells us how many months it would take to sell all current homes on the market at today’s pace, assuming no new listings come in. It’s one of the best ways to gauge whether buyers or sellers have the upper hand:

  • 0–4 months: Seller’s market
  • 4–6 months: Balanced market
  • 6+ months: Buyer’s market

📍 What’s Happening in Denver?

Denver currently has a 3.1-month supply, nudging close to a balanced market. While still favoring sellers slightly, inventory is rising fast—up 11.2% year-over-year and a striking 70.6% above 2019 levels. New listings also rose by 18.1% over the past year, though still slightly below pre-pandemic levels.

Now here’s a key point: closed sales in April 2025 were down 3.2% from last year. Fewer completed transactions suggest that buyer activity is cooling even as more homes hit the market. This shift reflects growing caution among buyers, likely tied to higher mortgage rates and affordability pressures.

In simple terms: we’re seeing more homes for sale, fewer homes being sold, and slightly longer time on market. This is a clear signal that the market is transitioning—and that timing, strategy, and pricing are more important than ever.

🏙️ Comparing Other Cities

Miami Area – 7.8 months of supply

Buyer’s market with inventory up 37.5%, but closed sales flat. Homes are sitting.

Austin, TX – 5.4 months

Moving toward balance. Listings up 19.7%, but also seeing a slowdown in closed deals.

Phoenix, AZ – 3.6 months

Still seller-friendly, but inventory has surged 54.6%. Like Denver, the pace is slowing.

In comparison, Denver’s sharp inventory rise paired with declining closings indicates one thing: competition is heating up—especially for sellers.

🤝 Buyers: Opportunity Is Knocking

  • More Inventory = More Choice

  • Stronger Negotiation Power: Fewer bidding wars, more room to talk terms.

  • Act Smart, Not Fast: It’s not about “the deal”—it’s about the right deal.

💼 Sellers: Stay Strategic

  • Price It Right: With fewer sales happening, homes that are overpriced are sitting.

  • Presentation Wins: You’ll stand out when your home is clean, staged, and easy to show.

  • Act Now While It’s Still a Seller’s Market: We’re on the edge—waiting could cost you.

📲 Let’s Talk—No Pressure

Whether you’re dreaming of a new home or prepping to sell, let’s have a free, no-obligation conversation to map out your next move.
📞 Text/call me directly at 720-724-8187
📅 Or grab a time that works for you: Book Here

You’ll get real insight, no pressure—just a smart path forward based on your goals.

REFERENCES

Translate »

Please spread the word :)

Open chat
Powered by Joinchat
Hello 👋
Can I help you?